“Reddit shares soar 11% after company reports revenue pop in debut earnings report”
May 10, 2024
“…Here’s how the company did:
- Loss per share: $8.19. That may not compare with the $8.71 loss expected by LSEG
- Revenue: $243 million vs. $212.8 million expected by LSEG
Revenue climbed 48% from $163.7 million a year earlier. The company reported $222.7 million in ad revenue for the period, up 39% year over year, which is a faster rate of growth than at its top competitors…”
https://www.cnbc.com/2024/05/07/reddit-rddt-q1-2024-earnings.html